Global Competitiveness and Industrial Growth in Taiwan and the Philippines

Download or read book Global Competitiveness and Industrial Growth in Taiwan and the Philippines written by Cheng-Tian Kuo and published by University of Pittsburgh Pre. This book was released on 2010-11-23 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kuo contrasts the economic evolutions of Taiwan and the Philippines as the product of government and industry relations. The two nations shared many economic similarities-yet Taiwan moved from clientelism to state corporatism, while in the Philippines clientelism remains deeply entrenched. Kuo's case studies in the textile, plywood, and electronics industries support these general arguments. He finds that clientelism invariably leads to economic problems, while a laissez-faire approach is unpredictable. The best formula for industrial success in a developing nation is close cooperation between business and government.